Explaining overcapacity, taking EVs as an example

For more: https://news.cgtn.com/news/2024-04-30/Explaining-overcapacity-taking-EVs-as-an-example-1te4q3B0opy/p.html The word "overcapacity" features in more and more news reports these days. Western politicians and officials are increasingly voicing worries that China is experiencing an excess in production capacity due to a rapid increase in manufacturing, which they fear could negatively impact their domestic industries. What exactly is overcapacity? CGTN explains. #overcapacity #evs #china Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv